Which of the Following Conditions Are Required for Absolute Purchasing

question 38

Multiple Choice

Which of the following conditions are required for absolute purchasing power parity to exist?
I.goods must be identical
II.goods must have equal economic value
III.transaction costs must be zero
IV.there can be no barriers to trade

• A)I and III only
• B)II and IV only
• C)I, III, and IV only
• D)I, II, and III only
• E)I, II, III, and IV

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Definitions:

MOOCs

Massive Open Online Courses are online courses aimed at unlimited participation and open access via the web, providing an affordable and flexible way to learn new skills and advance educational qualifications.

Corporate Learners

Employees engaged in ongoing learning and development provided by their organizations.

Role Playing

A training or learning method where participants assume roles and act out scenarios to practice responses, enhance skills, or solve problems.

Trainees

Individuals undergoing training to acquire the skills and knowledge required for a specific job or career.